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RE: When was the last time you checked your witness votes? Was it the Steem/Hive hard fork? Or Never?

in LeoFinance2 years ago

I'd say at the very least that you(everyone) demand the witnesses you support to clearly state their position on all the relevent topics covered in the description for Hive.

On Steemit I used to see witness campaigns quite often, but that isn't happening anymore. The witnesses seem to have become complacent and the devs have yet to address further decentralization of the blockchain.

Why is that? I'm not fully sure, but would love to hear it from the witnesses mouths themselves. We need more competition for these positions or we are just mimicking a flawed system we don't support in the physical world.

It's time to shuffle the deck!

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Very true. I haven't seen any witness campaigns recently. Would be good to have them again.

Apparently vote decay starts in 6 months.

What's vote decay?

Are you on discord? There was something I want to talk about for the VYB and POB stuff. If so, what's your username?

Thanks!

My main account name: scholaris. I’ll be happy to answer any questions you have or forward you to the people that have the answers.

I need the numbers as well. Would look like

Scholaris#7468

oh yes! apologies. It's scholaris#7274

scholaris#7274

He is a friend of mine :)

It's where witness votes are cleared after one year of inactivity in the witness section. It starts over with each change made within that year though.

Thank you very much for the verification.

Not 100 percent sure. Maybe inactive peoples votes go away after a set amount of time?

Yeah. If you haven't voted for a witness for a period of one year, your votes for witnesses are wiped. If a large stakeholder passes away for instance and the keys weren't in the will, those witnesses, after one year or less depending on when that account was actively engaging in witness voting, they'll no longer benefit from that dormant stake. Same with small stakeholders. Fair and equal treatment across the board.

tagging @scholaris.pob since you asked.

Wow thanks. I appreciate the information.

nods Mhm. Anytime.

It's not implemented yet. Will be implemented in the next Hardfork. It means witness vote will expire in 1 year and you must renew it at that time. Currently they don't expire

Thanks for the timeline on implementation!